The net returns offered by the MSCI World and MSCI All Country World Index (ACWI) outperformed the rate of return provided by the MSCI Emerging Markets index. On a one-year rate of return, the MSCI Wo
This paper studies the welfare consequence of increasing trading speed in financial markets. We build and solve a dynamic trading model, in which traders receive private information of asset value ove
Comprehensive dataset of insider trading activities for FALB PETER LAWRENCE ET AL, including Form 4 filings and transaction visualizations across multiple companies.
Comprehensive dataset of insider trading activities for MARKIN DAVID R, including Form 4 filings and transaction visualizations across multiple companies.
Using a simple conventional model with additive separable utility and constant elasticity, we can explain mean reversion and consumption smoothing. The model uses the price of risk and wealth as state